Libra

The Committee on Digital Technology, Culture, Media and Sports of the House of Commons of Great Britain fears the consequences of the launch of the Libra digital currency, which, according to its representatives, could make Facebook too powerful, reports Financial News. Committee chairman Damian Collins, who once led an investigation into the scandal with Cambridge Analytica, questioned Facebook’s ability to secure financial data […]

Large non-profit organizations called on the founding members of the Libra Association consortium, which in the future should manage the validator nodes in the digital currency network developed by Facebook, leave the project and not be afraid of the social network, despite its market dominance. These organizations include the Open Markets Institute, the Public Citizen, the Demand Progress Education Fund, and the Revolving Door Project. On the heels of Open Markets publicly […]